Monday 9 November 2015

NNPC RAISES HOPE ON OIL FIND IN CHAD BASIN

NNPC raises hope on oil find in Chad BasinGoing by the analysis on recent 3D data generated from the Chad Basin, Nigeria seems moving closer to discovering oil in commercial quantity in the Basin, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has disclosed.

A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Ohi Alegbe, quoted Kachikwu as saying this while delivering a paper titled, “Ongoing Reforms in the Oil Industry: Impact of NNPC Reforms on the Nigerian Economy.”

Read more @ The Guardian

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